IOT/USD chart - Trading View
Exchange - Bitfinex
Support: 0.2200 (Aug 15 low); Resistance: 0.2542 (21-EMA)
Technical Analysis: Bias Neutral
IOT/USD capped at 21-EMA, extends sideways grind. Major trend in the pair is bearish and we see no respite from bears yet.
Great potential for the crypto seen. Recently, IOTA has reported collaboration with Automobile manufacturer Jaguar Land Rover and French energy research and development center, Engie Lab Crigen.
The objective was to trace the car energy with Distributed Ledger Technology, to show people both the source and utilization of a Jaguar I-Pace’s energy.
IOT/USD was trading largely rangebound at 0.2477 at 07:20 GMT, intraday bias bearish.
Price action is below cloud and major moving averages. Volatility is low. Momentum with the bears.
Bullish divergence on RSI and Stochs keeps scope for upside in the pair. Break above 21-EMA will see gains.
Next major resistance lies at trendline at 0.2675 ahead of daily cloud at 0.2838 and then 23.6% Fib at 0.2990.
Breakout at 200-DMA (currently at 0.3318) will see bullish continuation.


Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Major Pair levels and bias summary
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 



